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Product updates
Alta Finance launches version 2 of its real-estate yield farming protocol
Decentralized Finance (DeFi)
May 23, 2022
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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

May 23, 2022

Alta Finance launches version 2 of its real-estate yield farming protocol

Product updates

  • Alta Finance, a real-estate yield farming protocol, announced the launch of version 2.0 of its “Earn” saving protocol, which allows users to access yields linked to real estate investments. The protocol was launched on the Ethereum and Polygon networks. Alta also plans to launch it on additional networks over the next three months.

  • The company intends to use funds lent on the Earn protocol to buy fixed-income real estate assets and store them in its treasury’s short-term, long-term, or Dream funds (rolling funds designed to organize the global real estate assets backing the ALTA token). ALTA token holders will be given access to detailed reports on Alta’s holdings each month.

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